JEmploymentEIN: 593652684· Ruling Year: 2001

North Florida Workforce Development Board Inc Nfwdb

Madison, Florida

B-Health Score
47B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

💰
$1.8M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$388K
Net Assets
📋
$245K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.6%
Year-over-year change (2022 → 2023)
Net Margin
-2.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.21
Net assets divided by total expenses
Liabilities-to-Assets
38.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,792,5449%$1,830,4971%$632,7384%
2022$1,961,3212%$1,844,2416%$658,4315%
2021$1,919,81313%$1,971,72010%$696,03112%
2020$2,209,6646%$2,194,9814%$622,88038%
2019$2,078,2868%$2,116,3237%$1,005,98721%
2018$2,257,43216%$1,969,0682%$834,15742%
2017$1,943,70012%$1,932,82813%$588,25955%
2016$1,738,5101%$1,712,3472%$380,56120%
2015$1,749,63618%$1,741,63018%$317,27731%
2014$2,128,7159%$2,116,6266%$459,53834%
2013$1,946,02711%$1,989,22814%$342,40030%
2012$2,183,239$2,309,875$262,942

Frequently Asked Questions

What does North Florida Workforce Development Board Inc Nfwdb do?

North Florida Workforce Development Board Inc Nfwdb is a employment nonprofit organization based in Florida. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Florida Workforce Development Board Inc Nfwdb financially healthy?

Based on our 9-metric Financial Health Score model, North Florida Workforce Development Board Inc Nfwdb has a score of 47/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does North Florida Workforce Development Board Inc Nfwdb generate?

North Florida Workforce Development Board Inc Nfwdb reports $2.2M in annual revenue and holds $967K in total assets, based on IRS filings.

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